Preparing for retirement

Planning for your retirement doesn’t take place in a vacuum. You need to know your strengths and interests – and your likes and dislikes. You might also gather ideas by seeing what others are doing and saying. Please see the articles below and the member contributions in Retirement Options.

Here are the topics we’ve researched so far. If you have an article, report, story or other contribution to make to this section please click here or email us at principalfutures@nswspc.org.au.

Useful websites:

Queensland Government – Retirement Planning Checklist  This site provides a useful timeline of matters to be considered when planning for retirement. It also includes links to other sites offering helpful information.

First State Super – Retirement – Preparing for life after work  Here you will find links to advice on budgeting, transition to retirement, income streams, pensions, superannuation and a retirement strategy calculator.

Parliament of Australia – Select Committee on Superannuation – Planning for Retirement – July 2003  This link provides access to the entire comprehensive report but individual parts and chapters can also be specifically downloaded from the same page. Particular attention is drawn to Part III (Chapters 11 to 14) which addresses ways in which to assist older workers plan for their retirement. These recommended chapters cover the topics of current planning for retirement in Australia, the quality of paid financial advice, government and superannuation fund assistance, and non-financial planning for retirement.

Useful website articles:

Outlook for Australian seniors’ retirement plans? Mostly sunny, with possible late rain  This article presents results from a national survey (2012-2014) and provides insight into the important issues of superannuation, retirement goals, risk aversion, income streams, life expectancy, use of financial advisers, budgeting and more.

Life after the principalship  This American article provides some interesting ideas for utilising the many skills of a principal in post-retirement activities. This and other articles of interest can be accessed from the above link.

Preparing emotionally for retirement  70-year old Jay Cassie relates her story of how she prepared emotionally for retirement and the 3-point plan which helped her.

The retirement journey: Where are you now?

Think all you need to retire is money? Think again

Member contributions:
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